Eliminating Missouri's state income tax is a 'generational opportunity' says Economic Advisor

About this episode

Aaron Hedlund discusses the Missouri plan to eliminate the state income tax and its potential economic impact.

Aaron Hedlund, from the President's Council of Economic Advisors, joins Michael and John with details on the Missouri plan to eliminate the state income tax. Hedlund says it's all about, 'growing the pie,' for Missourians, claiming that the average workers paycheck would, 'grow by $3000.' Hedlund says the plan has a 'totally different roadmap,' than Kansas when they eliminated their income tax, faced budget shortfalls, then reinstated the tax.

People in this episode

Hosts: Michael, John

Guest: Aaron Hedlund

Topics covered

• state income tax
• economic policy
• Missouri
• budget shortfalls
• paycheck growth

Keywords

• Missouri
• state income tax
• economic advisor
• Aaron Hedlund
• paycheck growth
• budget shortfalls
• Kansas

Mentioned in this episode

Organizations: President's Council of Economic Advisors

Places: Missouri, Kansas

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